WH Globalization

Increasing interdependence of nations and peoples across the globe.

• Infrastructure

• Globalization

• Interdependence

• Specialization

The exchange of goods and services by sale or barter driven by the need for resources.

• Fair Trade

• Globalization

• Trade

• Standard of Living

Sending goods to another country to sell.

• import

• export

Bringing goods in from another country to sell.

• import

• export

According to CNN, the United States receives 80% of its avocados from Mexico. Mexico receives most of its auto parts from the United States. This is an example of the following.

• Interdependence

• Supply and demand

• Infrastructure

• Globalization

The process of creating an international network of trade, communication and culture.

• globalization

• recession

• NAFTA

• Multinatural cooperation

Globalization brings our world together?

• True
• False

How does it bring our world together?  Through.... 

• communication
• technology
• products & services
• all of these

Fill in the blank.  Globalization is the result of several factors. Advances in communication & transportation have played a big part.  Another major factor is the movement toward “___________.”

• free trade
• distribution
• multinational corporation
• imports

Mc Donald's is an example of a global company.

• true

• false